Pratt & Whitney (RTX) Secures GTF Engine Deal With Tigerair Taiwan For 15 New A321neo Aircraft
RTX (NYSE: RTX) subsidiary Pratt & Whitney has signed a Memorandum of Understanding with Tigerair Taiwan to power 15 Airbus A321neo aircraft with GTF engines. The agreement covers four firm aircraft and 11 leased aircraft, extending a partnership that dates back to the airline’s founding in 2014. Tigerair Taiwan currently operates nine Airbus A320neo family…
Trump Prepares Fresh Round Of Tariffs As Markets Brace For Impact
President Donald Trump is poised to unleash a new wave of tariffs on dozens of countries, potentially as soon as this week, according to the Financial Times. The moves come as the administration’s temporary 10% global tariff is scheduled to expire on Friday, July 24, creating urgency around what comes next. The U.S. Supreme Court…
Cramer Backs LYFT At $15 While Flagging ASTS As A Money-Loser Headed To $40
Jim Cramer used his Lightning Round segment on CNBC’s Mad Money to deliver a series of pointed calls across several high-profile stocks. The veteran market commentator endorsed Lyft (NASDAQ: LYFT) near current levels, citing the company’s leadership and strong free cash flow generation as reasons to buy. “I think David Risher’s doing a good job….
Space Stocks Surge In Risk-On Rally As ASTS Jumps 12% And SPCX Climbs 7%
Shares of major space sector stocks caught a strong bid Tuesday as the group rebounded sharply from recent weakness across the board. AST SpaceMobile (NASDAQ: ASTS) led the move with a 12% gain, pushing shares to $64 as investors responded to a significant capital raise announcement. SpaceX (NASDAQ: SPCX) shares climbed 7% to $128 after…
Collins Aerospace (RTX) And Etihad Engineering Launch Nacelle MRO Joint Venture In Abu Dhabi
Collins Aerospace, a business unit of RTX (NYSE: RTX), and Etihad Engineering have announced a new joint venture to provide nacelle maintenance, repair, and overhaul services in Abu Dhabi. The two companies made the announcement at the Farnborough International Airshow, signaling a significant expansion of MRO capabilities across the Middle East aviation sector. The joint…
Cyclospora Outbreak Drives Americans Away From Salads As FDA Investigation Widens
Restaurant foot traffic is falling sharply across the United States as a cyclospora outbreak linked to iceberg lettuce continues to spread alarm among consumers. The Food and Drug Administration and the Centers for Disease Control and Prevention have linked lettuce served at Taco Bell restaurants to the widespread outbreak of the diarrhea-causing parasite. Federal investigators,…
Metro Bank Eyes £2bn Merger With Challenger Bank Aldermore Amid Recovery Push
Metro Bank is exploring a potential £2bn merger with Aldermore, a British challenger bank currently on the market following its involvement in the motor finance mis-selling scandal. Sky News has learned that Metro Bank is in the early stages of evaluating whether to submit a formal offer for Aldermore, which specialises in mortgages and business…
AST SpaceMobile (ASTS) Secures $66M Midland Incentive Deal For Massive 400,000-Square-Foot Satellite Facility
Shares of AST SpaceMobile (ASTS) climbed 3% in premarket trading on Tuesday after Midland officials projected a 132% return on the city’s incentive investment tied to a major manufacturing expansion. The Midland Development Corporation approved a performance-based incentive package worth up to $66 million over 30 years to support AST SpaceMobile’s planned satellite production facility….
D-Wave Quantum (QBTS) Carries Massive Valuation Risk Despite Promising Technology
Quantum computing has emerged as one of the most exciting technological frontiers for investors following the artificial intelligence boom of recent years. Researchers at McKinsey estimate that quantum computing could create up to $2.7 trillion in economic value for companies worldwide by 2040, spanning industries from drug discovery to cybersecurity. D-Wave Quantum (NYSE: QBTS) has…
BOC Aviation Places Largest-Ever Pratt & Whitney Order With Deal For Up To 220 GTF Engines (RTX)
BOC Aviation Limited (HKEx: 2588) has confirmed an order for up to 220 Pratt & Whitney GTF engines to power as many as 110 Airbus (AIR.PA) A320neo family aircraft. The deal represents the largest order BOC Aviation has ever placed with Pratt & Whitney, underscoring the deepening relationship between the aircraft lessor and the RTX…
